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Wall Street opens lower as Big Tech results roll in; Fed in focus
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investing.com(Reuters) — Wall Street's top indexes opened lower on Wednesday as investors assessed mixed earnings from Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) ahead of a Federal Reserve rate hike that could push borrowing costs to their highest since the global financial crisis.
The Dow Jones Industrial Average fell 92.08 points, or 0.26%, at the open to 35,345.99.
The S&P 500 opened lower by 8.50 points, or 0.19%, at 4,558.96, while the Nasdaq Composite dropped 21.03 points, or 0.15%, to 14,123.52 at the opening bell.
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